Kemper Corp (KMPR) Plans $0.24 Quarterly Dividend

Kemper Corp (NYSE:KMPR) declared a quarterly dividend on Thursday, February 8th, Wall Street Journal reports. Shareholders of record on Tuesday, February 20th will be given a dividend of 0.24 per share by the insurance provider on Tuesday, March 6th. This represents a $0.96 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date is Friday, February 16th.

Kemper has a dividend payout ratio of 61.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Kemper to earn $3.77 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 25.5%.

Kemper (NYSE KMPR) opened at $53.55 on Thursday. The stock has a market capitalization of $2,961.03, a PE ratio of 35.31 and a beta of 1.00. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.17 and a current ratio of 0.17. Kemper has a 1-year low of $36.35 and a 1-year high of $71.52.

A number of equities analysts have issued reports on KMPR shares. ValuEngine cut Kemper from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Zacks Investment Research upgraded Kemper from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. Two analysts have rated the stock with a hold rating and four have given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $67.50.

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About Kemper

Kemper Corporation (Kemper) is a diversified insurance holding company. The Company, through its subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company operates through two segments: Property & Casualty Insurance, and Life & Health Insurance.

Dividend History for Kemper (NYSE:KMPR)

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